STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$354,800
Available - For Sale
Listing ID: X13770246
Investment opportunity in the heart of downtown Cornwall. Unit #104 at 108 Second Street East offers approximately 1,322 sq. ft. of main-floor commercial space in Knox City Centre, a modern mixed-use condominium building located at the corner of Second Street East and Sydney Street. The unit is currently home to an established multidisciplinary health and wellness clinic, with a valid lease in place until March 31, 2029, providing an investor with immediate rental income. The professionally configured space includes a two-piece washroom, two exclusive-use parking spaces, and access to additional visitor parking. Knox City Centre features four commercial units on the main floor with 36 residential condominium units above and is ideally situated in Cornwall's downtown core, close to shopping, restaurants, professional services, Lamoureux Park and the waterfront.CBD zoning allows for a wide range of commercial uses, including office, financial institution, medical, retail, restaurant, pharmacy and personal service uses, among others. Buyers are to verify with the City of Cornwall and the condominium corporation that their intended use and any required alterations are permitted. A well-located, income-producing commercial condominium with an established tenant, existing lease and versatile downtown zoning. Lease and financial details are available to qualified buyers upon execution of a confidentiality agreement.
Price $354,800
Taxes: $8,700
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 108 Second Street East , Cornwall, K6H 3H1, Stormont, Dundas
Postal Code: K6H 3H1
Province/State: Stormont, Dundas
Directions/Cross Streets: Sydney Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Commercial Condo
Building Percentage: F
Total Area: 1,322
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX AFFILIATES MARQUIS LTD.

108 Second Street East , Cornwall, K6H 3H1, Stormont, Dundas

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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At a Glance:
Type: Com - Commercial Retail
Area: Stormont, Dundas and Glengarry
Municipality: Cornwall
Neighbourhood: 717 - Cornwall
Style:
Lot Size: x 146.32(Feet)
Approximate Age:
Tax: $8,700
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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